Change Of Beneficiary (Ownership)
The beneficiary (owner) can be changed on the Coverdell account as long as the new beneficiary is a qualified member of the taxpayer’s family (as defined in §152(a)) who is between the ages 0 and 29.
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Get StartedThe beneficiary (owner) can be changed on the Coverdell account as long as the new beneficiary is a qualified member of the taxpayer’s family (as defined in §152(a)) who is between the ages 0 and 29.